What is the hedge fund market chatting about right now
- USD/JPY: “The BOJ is divided over whether to authorise a measure to quell bond market volatility”- this could be USD/JPY bearish.
- Cable: Break above 1.5415/25 seen as adding to bullish momentum.
- EUR/USD: Plenty of interest to sell on rallies especially near 1.3140.
- UBS: Maintain bearish USD/JPY and bullish USD/CAD stances.
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